Community Energy Scotland Trading
CES Trading is a social enterprise which develops small and medium scale renewable energy projects up to 10MW to supply green energy. As a wholly owned subsidiary of Community Energy Scotland, it can make tax-free charitable donation of profits to the parent company.
CES Trading will focus on two areas of renewable energy: providing project development and consultancy services for private clients, and developing larger scale wind and hydro developments, up to 10MW. CES Trading will build on the experience of Community Energy Scotland in these fields. CES Trading has a portfolio of its own projects at differing stages of development, with eleven micro wind turbines installed in the Western Isles, a consented 9MW wind site in the Borders which we are developing with Berwickshire Housing Association, and a number of other schemes in development.
Renewable energy generation is a constantly growing market with UK Government targeting 20% of electricity through renewable sources by 2020 and Scottish Government aiming for 100% of equivalent demand to be supplied through sustainable energy in the same timeframe. The pricing support from the “Renewable Obligation” and “Feed in Tariff” guarantee an economic return on good sites. The “Renewable Heating Incentive” (RHI) can provide similar returns.
A major competitive advantage for CES Trading is a flexible approach to site development. We will work in partnership with local community organisations and local landowners. This flexibility limits local opposition to later planning applications and the communities will benefit, with a minimum of £5k/MW community benefit paid annually for our developments.
The social purpose of CES Trading as a trading company for a registered charity is a strength. It allows increased access to grant funding and support by Community Energy Scotland. Good relations with local authorities and communities helps the company develop a trust with project partners.
The renewable energy sector is a financially attractive investment opportunity for the company. On showing a solid asset base CES Trading can access bank finance on desirable terms. We are also developing local finance options to improve competition in the market and to allow people near to a renewable development to benefit financially from it.
If you are a landowner or community group and interested in taking forward a joint venture with us, or to discuss our project development services, please contact our CES Trading Manager.